My husband and I are in our early 30’s and make $250k per year. No debt (5 year old Toyota and student loans are paid off), with $150-200k in our IRA/401ks. We don’t own a home — our rent in a major metropolitan area is $2900, which is our biggest monthly expense. We have about $80k in a savings account earmarked for a down payment, with another $40k or so left to save (we’re expecting to pay around $600k for our first home).
I want to retire at 55 and run a flower farm, but I would settle for buying a house sooner. If this were your financial situation, what would you do to grow your savings faster? We’re currently contributing a couple grand each month to our down payment. Thanks for your help!
Submitted December 29, 2019 at 07:13PM by pipelimes https://ift.tt/37mZenE
